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Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)
NIO BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly. will purchase battery packs and commission NIO to provide battery subscription services to users.
The board of directors of the Flemish Transport Company De Lijn has started a new purchase procedure to order up to 1,250 emission-free buses of various types with lengths from approximately 8.5 This procedure will run in parallel to the framework agreement for a maximum of 350 standard e-buses that was awarded last year. to 24 meters.
Workhorse Group has received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises, a company with businesses in transportation equipment retail, wholesale, rental, leasing and logistics. Inventory financing for that deal is also being provided by Hitachi Capital America. Interior Volume.
launched a dealer program that provides turnkey residential charging packages to consumers purchasing new electric vehicles (EVs) or plug-in hybrids (PHEVs) and allows them to finance the charger in combination with the vehicle at the time of sale. AeroVironment, Inc.
In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).
START will help customers meet the demand from consumers for transparency on where and how the products they purchase are made. START is a significant step forward for the aluminum industry as the first offering of this kind, setting a new standard on transparency, traceability and responsible production from mine to market.
DOE plans ( DE-FOA-0001236 ) to issue in the February 2015 timeframe a funding opportunity (DE-FOA-0001237) to develop and to implement effective purchasing/procurement processes designed to coordinate and consolidate bulk alternative fuel vehicle and advanced vehicle orders and thus reduce the per-unit prices of commercially-available vehicles.
The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing. Pro Power Onboard is a built-in AC power source that comes standard with 2.4 Acceleration and speed limiters come standard to further aid with range and driver safety.
In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). Earlier post.).
The new Obama Administration proposal to increase fuel efficiency standards for cars and light trucks to an average 54.5 By law, these excises are the primary revenue source for financing road, bridge and transit projects. The less motor fuel used by drivers, the less revenue generated for improvements financed through the HTF.
Available both in standard and articulated versions (9.5, The purchase has been partially financed with contributions from the NRRP (National Recovery and Resilience Plan), the Complementary Funds and the NSPSM (National Strategic Plan for Sustainable Mobility). IVECO BUS, a brand of Iveco Group N.V.,
In addition, the ministers, in their communication, urged European standardization bodies to develop, as a matter of priority by mid-2011, a harmonized solution for the interoperability between electric vehicles and the charging infrastructure and to address safety risks and electromagnetic compatibility.
a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The recommendation is part of the final report issued by the National Surface Transportation Infrastructure Financing Commission, “ Paying Our Way: A New Framework for Transportation Finance ”. The nation faces a crisis. Paying our Way”.
Like the models with combustion engines, the electric vehicle is now rolling off the production line in the standardized production process. The new “sale&care model” offers customers an opportunity to buy, finance or lease the vehicle and to rent the battery for a monthly fee. seconds, with a maximum speed of 125 km/h (78 mph).
These changes suggest that Tesla has bundled the previously optional Acceleration Boost for the Model 3, once priced at RMB 14,100 ($1,968), as a standard feature. seconds, down from 4.4 Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, as per CNEV Post.
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. New energy efficiency standards. Earlier post.).
Featuring a new, state-of-the-art, modular liquid-cooled lithium-ion battery system, the Lightning Electric Transit Van 350HD can add 60 miles of range in 30 minutes of charge time when using DC fast charging with a standard SAE J1172 CCS-1 Combo charging port. Last week, Lightning eMotors and GigCapital3, Inc.,
to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0% Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc.
The all-electric SUV will come standard with a range target of approximately 250 to 300 miles, depending on driving conditions, enabled by an approx. The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker Inc. 80 kWh lithium-ion battery pack.
The water electrolysis system will be installed by thyssenkrupp Uhde Chlorine Engineers’ product division Green Hydrogen and consists of pre-fabricated standard modules. This modular system allows to easily scale up a plant to several hundred megawatts or gigawatts.
The so-called mandate that you will hear about refers to a suite of complementary policies comprised of clean vehicle standards as well as incentives, and infrastructure and manufacturing investments to support the transition to cleaner transportation. The clean vehicle standards are NOT an EV mandate. automakers need to change too.
has reached agreement with trucking firms to lease or purchase more than 250 new heavy-duty trucks, fueled by its Redeem RNG (renewable natural gas). In addition, truck fleets financed or purchased through Zero Now will be able to purchase Redeem fuel with a fixed discount to diesel at a significant spread.
For standard-range battery models, the 250 kilowatt-hours of fast charging energy is equal to more than five fill-ups. Ford Mustang Mach-E owners in the US will receive 250 kWh of complimentary charging through FordPass Rewards at Electrify America fast-charging stations.
The BMW investment was part of Lilac’s just-closed US$150-million Series B financing. A key aspect here is compliance with environmental and social standards in the supply chain.
It also includes working with automakers and dealers to identify, evaluate, and implement creative financing approaches and other effective strategies to reduce vehicle purchase price and increase ZEV sales. Encourage private fleets to purchase, lease, or rent ZEVs.
E-Transit offers the same interior cargo dimensions and standard mounting points for continued integration with hundreds of upfitters and vehicle modifiers worldwide who provide compatible racks, bins and accessories on gas-powered Transit. These features can help maintain fleet driving standards and help improve driver confidence.
Metallic paint and leather upholstery are standard in Germany. Mercedes-Benz Bank offers private and business customers financing and leasing options for the EQS, including a subscription scheme. In addition to the conventional purchasing of individual functions, customers can also take out subscriptions.
A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.
Other than that commitment, however, Kior said it has no other near-term sources of financing. in two weeks—it will not have adequate liquidity to fund operations and meet obligations (including debt payment obligations), and would not expect other sources of financing to be available. million.
This includes funding for demonstration and pilot projects, vouchers for advanced clean trucks, financing for small truck fleets transitioning to cleaner technologies, and funds for drayage trucks, and transit and school buses, all of which are primed to rapidly transition to zero-emission technologies. $30
Each of the four recipients will match a percentage of the grant amount with their own funds to purchase compressed natural gas-powered vehicles; retrofit diesel engines with cleaner technology; replace older, more polluting diesel buses with cleaner diesel buses; or purchase hybrid electric-powered buses.
The money, awarded through the SmartWay Clean Diesel Finance Program, will guarantee loans used to buy retrofitted used tractor-trailers at Rush Truck Centers throughout the South. About 8 million are exposed to air quality that violates the federal standards for particulate matter.
As indicated in recent reports, a Volkswagen joint venture in China has reportedly agreed to purchase green car credits from Tesla in an effort to meet the country’s environmental standards. . The post Volkswagen is buying credits from Tesla to meet China’s environmental standards: report appeared first on TESLARATI.
Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. In a way, Tesla’s financing deals involve interest rates that could end up undercutting the costs of rival EVs by a notable degree. It’s not just Toyota either.
Heightened public awareness, easy access to financing, reduced barriers to purchase, and a well-planned and maintained charging infrastructure will help the state become a leader in electric vehicle deployment by 2025.
Americans are much less likely than consumers in other major industrialized countries to purchase an electric vehicle or hybrid, largely because of concerns over access to charging stations away from home, according to a survey by global consulting firm OC&C Strategy Consultants.
a diversified innovation and technology holding company today, has entered into a definitive asset purchase agreement with Sunoco LP to acquire and operate its corn ethanol plant and grain malting operation in Fulton, NY. Attis expects to finance the transaction with non-dilutive financing. Attis Industries Inc.,
With less hardware to purchase and less equipment to install, the multi-dispenser charging solution lowers the cost of infrastructure for customers. It also reduces space needed for charging systems, which is optimal for space-constrained depots and parking facilities.
USDOT is receptive to all sustainable financing options that do not violate other principles. However, this stated principle does not preclude mandatory universally applicable taxes or fees to finance the system, according to DOT. Standards must be maintained to ensure technical viability. Technical Functionality.
Consumers may be reluctant to purchase a green vehicle if they are uncertain that a network of refueling/charging infrastructure will be extended far enough to cover their needs. For example, one factor that is holding back purchases of electric vehicles in particular is the limited driving range.
The Government of Canada’s recently announced a $500,000 repayable investment in the company, through Atlantic Canada Opportunities Agency’s (ACOA) Business Development Program (BDP), to support the purchase of special equipment to establish the plant. PwC Corporate Finance Inc. The Province of Nova Scotia previously announced a $1.5
billion have already been financed by the shareholders. According to the PRMS reserve standards the proven and probable reserves of the South-Tambeyskoye field as of 31 December 2012 were appraised at 907 billion cubic meters of natural gas. Overall capital expenditures of the Arctic Yamal project are now estimated at $26.9
has optioned the right to purchase approximately 239 acres of land near Lake Preston, SD, and has met the initial milestone to secure control of a site by the end of this year that meets the conditions required by the contract that Trafigura Trading LLC and Gevo executed in August 2020. Bio-isobutanol producer Gevo, Inc. Earlier post.).
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